DTE ENERGY COMPANY (DTE) Stock Fundamental Analysis
NYSE:DTE - US2333311072 - Common Stock
139.94 USD
-0.26 (-0.19%)
139.14 USD
-0.8 (-0.57%)
Taking everything into account, DTE scores 3 out of 10 in our fundamental rating. DTE was compared to 25 industry peers in the Multi-Utilities industry. While DTE is still in line with the averages on profitability rating, there are concerns on its financial health. DTE is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year DTE was profitable.
In the past year DTE had a positive cash flow from operations.
Each year in the past 5 years DTE has been profitable.
In the past 5 years DTE always reported a positive cash flow from operatings.
1.2 Ratios
With a decent Return On Assets value of 2.86%, DTE is doing good in the industry, outperforming 80.00% of the companies in the same industry.
Looking at the Return On Equity, with a value of 12.28%, DTE belongs to the top of the industry, outperforming 84.00% of the companies in the same industry.
The Return On Invested Capital of DTE (4.08%) is better than 64.00% of its industry peers.
DTE had an Average Return On Invested Capital over the past 3 years of 4.42%. This is in line with the industry average of 3.82%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.86% | ||
| ROE | 12.28% | ||
| ROIC | 4.08% |
ROA(3y)2.84%
ROA(5y)2.76%
ROE(3y)11.66%
ROE(5y)11.27%
ROIC(3y)4.42%
ROIC(5y)4.29%
1.3 Margins
With a Profit Margin value of 10.13%, DTE is not doing good in the industry: 76.00% of the companies in the same industry are doing better.
DTE's Profit Margin has improved in the last couple of years.
DTE has a Operating Margin of 15.14%. This is amonst the worse of the industry: DTE underperforms 96.00% of its industry peers.
DTE's Operating Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.14% | ||
| PM (TTM) | 10.13% | ||
| GM | N/A |
OM growth 3Y18.54%
OM growth 5Y4.53%
PM growth 3Y22.97%
PM growth 5Y4.07%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), DTE is destroying value.
Compared to 1 year ago, DTE has more shares outstanding
Compared to 5 years ago, DTE has more shares outstanding
Compared to 1 year ago, DTE has a worse debt to assets ratio.
2.2 Solvency
DTE has an Altman-Z score of 1.01. This is a bad value and indicates that DTE is not financially healthy and even has some risk of bankruptcy.
With a decent Altman-Z score value of 1.01, DTE is doing good in the industry, outperforming 80.00% of the companies in the same industry.
A Debt/Equity ratio of 2.01 is on the high side and indicates that DTE has dependencies on debt financing.
DTE has a worse Debt to Equity ratio (2.01) than 76.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.01 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.01 |
ROIC/WACC0.62
WACC6.59%
2.3 Liquidity
A Current Ratio of 0.94 indicates that DTE may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.94, DTE is in line with its industry, outperforming 48.00% of the companies in the same industry.
A Quick Ratio of 0.57 indicates that DTE may have some problems paying its short term obligations.
DTE's Quick ratio of 0.57 is on the low side compared to the rest of the industry. DTE is outperformed by 64.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.57 |
3. Growth
3.1 Past
DTE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 10.45%, which is quite good.
The Earnings Per Share has been growing slightly by 1.63% on average over the past years.
DTE shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 14.55%.
Measured over the past years, DTE shows a decrease in Revenue. The Revenue has been decreasing by -0.34% on average per year.
EPS 1Y (TTM)10.45%
EPS 3Y-0.39%
EPS 5Y1.63%
EPS Q2Q%-4.9%
Revenue 1Y (TTM)14.55%
Revenue growth 3Y-5.93%
Revenue growth 5Y-0.34%
Sales Q2Q%18.92%
3.2 Future
The Earnings Per Share is expected to grow by 7.17% on average over the next years.
DTE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.32% yearly.
EPS Next Y6.76%
EPS Next 2Y6.94%
EPS Next 3Y7.24%
EPS Next 5Y7.17%
Revenue Next Year5.23%
Revenue Next 2Y4.69%
Revenue Next 3Y4.51%
Revenue Next 5Y4.32%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 19.46, DTE is valued on the expensive side.
Based on the Price/Earnings ratio, DTE is valued a bit more expensive than 64.00% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.24. DTE is valued slightly cheaper when compared to this.
With a Price/Forward Earnings ratio of 17.91, DTE is valued on the expensive side.
DTE's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. DTE is more expensive than 64.00% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of DTE to the average of the S&P500 Index (22.81), we can say DTE is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.46 | ||
| Fwd PE | 17.91 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, DTE is valued a bit more expensive than the industry average as 68.00% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 13.27 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)2.88
PEG (5Y)11.95
EPS Next 2Y6.94%
EPS Next 3Y7.24%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.11%, DTE has a reasonable but not impressive dividend return.
DTE's Dividend Yield is comparable with the industry average which is at 3.64.
Compared to an average S&P500 Dividend Yield of 2.34, DTE pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.11% |
5.2 History
The dividend of DTE has a limited annual growth rate of 1.15%.
DTE has been paying a dividend for at least 10 years, so it has a reliable track record.
DTE has decreased its dividend in the last 3 years.
Dividend Growth(5Y)1.15%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
DTE pays out 58.44% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of DTE is growing, but earnings are growing more, so the dividend growth is sustainable.
DP58.44%
EPS Next 2Y6.94%
EPS Next 3Y7.24%
139.94
-0.26 (-0.19%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryMulti-Utilities
Earnings (Last)
Earnings (Next)
Inst Owners79.61%
Inst Owner Change0.25%
Ins Owners0.35%
Ins Owner Change-0.01%
Market Cap29.05B
Analysts75.83
Price Target146.06 (4.37%)
Short Float %1.53%
Short Ratio2.25
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.11% |
Yearly Dividend3.92
Dividend Growth(5Y)1.15%
DP58.44%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.08%
Min EPS beat(2)-4.01%
Max EPS beat(2)4.17%
EPS beat(4)3
Avg EPS beat(4)5.41%
Min EPS beat(4)-4.01%
Max EPS beat(4)17.09%
EPS beat(8)4
Avg EPS beat(8)2.58%
EPS beat(12)8
Avg EPS beat(12)3.02%
EPS beat(16)10
Avg EPS beat(16)3.12%
Revenue beat(2)2
Avg Revenue beat(2)24.93%
Min Revenue beat(2)21.72%
Max Revenue beat(2)28.14%
Revenue beat(4)3
Avg Revenue beat(4)12.26%
Min Revenue beat(4)-3.52%
Max Revenue beat(4)28.14%
Revenue beat(8)4
Avg Revenue beat(8)-4.64%
Revenue beat(12)6
Avg Revenue beat(12)-1.16%
Revenue beat(16)10
Avg Revenue beat(16)8%
PT rev (1m)0.76%
PT rev (3m)1.01%
EPS NQ rev (1m)1.59%
EPS NQ rev (3m)4.93%
EPS NY rev (1m)0.11%
EPS NY rev (3m)0.2%
Revenue NQ rev (1m)14.33%
Revenue NQ rev (3m)5.82%
Revenue NY rev (1m)1.89%
Revenue NY rev (3m)2.48%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.46 | ||
| Fwd PE | 17.91 | ||
| P/S | 2.05 | ||
| P/FCF | N/A | ||
| P/OCF | 8.14 | ||
| P/B | 2.48 | ||
| P/tB | 3.03 | ||
| EV/EBITDA | 13.27 |
EPS(TTM)7.19
EY5.14%
EPS(NY)7.81
Fwd EY5.58%
FCF(TTM)-3.12
FCFYN/A
OCF(TTM)17.2
OCFY12.29%
SpS68.41
BVpS56.47
TBVpS46.21
PEG (NY)2.88
PEG (5Y)11.95
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.86% | ||
| ROE | 12.28% | ||
| ROCE | 4.63% | ||
| ROIC | 4.08% | ||
| ROICexc | 4.08% | ||
| ROICexgc | 4.27% | ||
| OM | 15.14% | ||
| PM (TTM) | 10.13% | ||
| GM | N/A | ||
| FCFM | N/A |
ROA(3y)2.84%
ROA(5y)2.76%
ROE(3y)11.66%
ROE(5y)11.27%
ROIC(3y)4.42%
ROIC(5y)4.29%
ROICexc(3y)4.42%
ROICexc(5y)4.3%
ROICexgc(3y)4.67%
ROICexgc(5y)4.61%
ROCE(3y)5.1%
ROCE(5y)4.92%
ROICexcg growth 3Y1.26%
ROICexcg growth 5Y-0.35%
ROICexc growth 3Y1.83%
ROICexc growth 5Y1.34%
OM growth 3Y18.54%
OM growth 5Y4.53%
PM growth 3Y22.97%
PM growth 5Y4.07%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.01 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.98 | ||
| Cap/Depr | 236.36% | ||
| Cap/Sales | 29.71% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 90.75% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.57 | ||
| Altman-Z | 1.01 |
F-Score5
WACC6.59%
ROIC/WACC0.62
Cap/Depr(3y)244.33%
Cap/Depr(5y)251.76%
Cap/Sales(3y)28.1%
Cap/Sales(5y)28.24%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)10.45%
EPS 3Y-0.39%
EPS 5Y1.63%
EPS Q2Q%-4.9%
EPS Next Y6.76%
EPS Next 2Y6.94%
EPS Next 3Y7.24%
EPS Next 5Y7.17%
Revenue 1Y (TTM)14.55%
Revenue growth 3Y-5.93%
Revenue growth 5Y-0.34%
Sales Q2Q%18.92%
Revenue Next Year5.23%
Revenue Next 2Y4.69%
Revenue Next 3Y4.51%
Revenue Next 5Y4.32%
EBIT growth 1Y-3.46%
EBIT growth 3Y11.52%
EBIT growth 5Y4.18%
EBIT Next Year93.2%
EBIT Next 3Y31.33%
EBIT Next 5Y21.11%
FCF growth 1Y42.3%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y37.35%
OCF growth 3Y5.9%
OCF growth 5Y6.58%